Other Cryptocurrencies

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Chainalysis lands $16m for real-time crypto compliance tool

Chainalysis has launched a new real-time cryptocurrency compliance tool after closing a $16m Series A round.

Libra co-creator gets into Twitter-spat after Stripe, Mastercard and Visa abandon the cryptocurrency project

Things are not looking stellar for Libra as several backers have pulled out of the cryptocurrency project as the regulatory pressure against it is mounting.

FTX launches in Australia

Global cryptocurrency exchange FTX has established a local presence in Australia with the launch of FTX Australia.
all-weather-stablecoin-gyroscope-closes-seed-round

‘All Weather Stablecoin’ Gyroscope closes seed round

Gyroscope, which stylises itself as the ‘All Weather Stablecoin’ has raised $4.5m in its seed funding round, which was co-led by Placeholder VC and Galaxy.
Auros

Crypto-native algo trading firm Auros rakes in $17m

Auros, a crypto-native algorithmic trading and market making firm, has landed $17m in a funding round headed by Vivienne Court.

New IMF report lays down the risks of e-money becoming more popular than physical...

As e-money rises in popularity, a new International Monetary Fund (IMF) report has looked into the rise of cryptocurrencies, e-money and i-money like Facebook’s Libra and what the associated risks to the economy are.

Construction of Akon’s $6bn cryptocurrency-powered Wakanda-inspired city has started

American-Senegalese singer Akon has announced that the construction of Akon City has begun and that it will resemble the fictional country Wakanda from the Marvel movie Black Panther.

25 FinTech deals from last week and what they tell you about the state...

The FinTech funding rounds over the past week show that the coronavirus continues to affect the sector and also provide an opportunity to look closer at India's industry.

Facebook introduces new payment service Facebook Pay

Social media giant Facebook is strengthening its push into the FinTech space by announcing the launch of Facebook Pay, a new way to shop, donate and transfer cash across Facebook, Messenger, Instagram and WhatsApp.
UK

UK government floats plans for cryptoasset regulation

The UK government has unveiled proposals to put cryptoassets into the same regulatory regime as traditional financial services.

News Stories

FinTech

FinTech investment sees uptick following two sluggish weeks

There was a climb in investment in the FinTech sector this week, with FinTech Global reporting on a total of $399m being raised across...
compliance

Will 2024 be the year of compliance technology?

As technologically-driven solutions continue to firmly pierce the financial industry and how it runs, the need for firms to maintain compliance amongst a deluge...
ZeroEyes joins Lloyd's Lab for pioneering InsurTech against gun violence

ZeroEyes joins Lloyd’s Lab for pioneering InsurTech against gun violence

In an unprecedented move, ZeroEyes, known for its pioneering AI gun detection technology, has been welcomed into the coveted Lloyd's Lab Accelerator program, marking a significant stride in InsurTech innovation.
Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.
Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint venture

Bishop Street and Topsail Re join forces to revolutionise MGA platform with strategic joint...

Bishop Street Underwriters, a notable entity within the RedBird Capital Partners' portfolio, has formally announced a groundbreaking joint venture with Topsail Reinsurance SPC, Ltd....

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